He highlighted Bharat Electronics (BEL), which had recorded order inflows of around Rs 10,000 crore at the time of the discussion, against expectations of more than Rs 25,000 crore, including the anticipated QRSAM order. Anwani said BEL, trading at around 33 times FY28 earnings and 27 times FY29 earnings, presents an opportunity from a medium- to long-term perspective.